Shot Blasting Machine is equipment that used to clean, strengthen (peen) or polish metal. Shot blasting machine is used in almost every industry that uses metal, including aerospace, automotive, foundry, shipbuilding, rail, and many others.

Scope of the GlobalShot Blasting Machines Market Report

This report focuses on the Shot Blasting Machines in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

The worldwide market for Shot Blasting Machines is expected to grow at a CAGR of roughly 1.4% over the next five years, will reach 450 million US$ in 2023, from 410 million US$ in 2017, according to a new GIR (Global Info Research) study.

As international economic situation is complicated, in the next few years there will be many uncertainties. Due to the government’ policy and the high sales of Shot Blasting Machines in the international market, the current demand for Shot Blasting Machines product is relatively stable in the mature market, such as North America and Europe, but the demand in China is relatively higher due to the downstream demand.

Shot Blasting Machines is mainly manufactured and sold by Wheelabrator, Rosler, Sinto, Pangborn; and these companies occupied about 15.19% market share in 2015.

Geographically, China is the largest sales market in the world, which took about 35.16 percent of the global consumption volume in 2015. But Europe shared 32.13% of global total sales revenue.

Although sales of Shot Blasting Machines brought a lot of opportunities, the study group recommends the new entrants who just having money but without technical advantage and downstream support, do not to enter into the Shot Blasting Machines field hastily.

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